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Thai Cabinet Approves Extended Withholding Tax Relief

|Approved Changes|Thailand
Thailand

The Thai Revenue Department has announced that the Cabinet has approved an extension of the withholding tax reduction to promote the use of the electronic withholding tax system (e-Withholding Tax). Originally included as part of a COVID-19 tax package approved in March 2020, a reduced withholding tax of 1.5% was provided from 1 April 2020 and a reduced rate of 2.0% was provided from 1 October…

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